• Loading stock data...
Wednesday, July 24, 2024
Join us this September for Tuned In Request to Attend

Vote Expected Soon for Commanders’ $3B Stadium

  • Virginia legislature's special session has been scheduled for April 4.
  • Commanders stadium bill, state budget among items expected to have a floor vote.
Commanders Virginia
Commanders: Geoff Burke-USA TODAY/Design: Alex Brooks

The Virginia legislature will reconvene April 4 in a special session where the Washington Commanders’ $3 billion domed stadium proposal is expected to come up for a vote on the floor. 

The two versions of the bill have been in a conference committee since March 2, before the 2022 session concluded on March 12 after a stalemate on the state budget.

The special session could stretch over multiple days — outstanding bills, a gas tax holiday, and the budget will be debated before a floor vote occurs.

Del. David Reid proposed several amendments for the public funding portion of the stadium complex that could reach as much as $1 billion

  • A proposal that would make the Commanders forward 75% of the naming rights revenues to the stadium authority until the bonds issued to finance the project are paid off — up from the 50% currently proposed. 
  • The Commanders and NFL must certify “in writing” that both parties have “addressed and resolved all outstanding claims of sexual harrassment or misconduct made against owner Dan Snyder.” 
  • The development of an “end-of-use plan” to “ensure that a derelict stadium does not become a financial burden.”

Treating Commanders Like Amazon

Reid looks to bolster the benchmarks much like those Amazon received from state and local officials when millions of dollars in incentives were approved for a new headquarters in Arlington. 

“You’re going to have to have your own investments, and then the state will incentivize you after you’ve met certain goals,” Reid told FOS.

Copy Link
Link Copied
Link Copied

What to Read

The Perfect Storm Propelling ‘EA Sports College Football’ to Early Success

Growing fandom and a long wait have already reaped dividends for EA.

The FTC Noncompete Ruling Could Change MMA As We Know It

Fighters could see their options—and earnings—grow.

The Road to the Return of ‘EA Sports College Football’

This summer, the biggest development in college sports is virtual.
podcast thumbnail mobile
Front Office Sports Today

NFL’s 18-Game Season & Contract Holdouts, Olympics’ Newest Sport


Featured Today

Jan 7, 2024; Nashville, Tennessee, USA; Jacksonville Jaguars wide receiver Calvin Ridley (0) reacts after scoring a touchdown against the Tennessee Titans during the first half at Nissan Stadium.
July 14, 2024

Without Hard-Line Bans, Pro Athletes and Personnel Will Keep Betting on Sports

Penalties often aren’t stringent or consistent enough to deter banned behavior.
Oct 2, 2021; Miami Gardens, FL, USA; NFL commissioner Roger Goddell speaks during the Don Shula Celebration of Life at Hard Rock Stadium.
July 13, 2024

The NFL Is Confident It Can Overturn the Sunday Ticket Verdict

The league may have good reason to believe it can win.
July 8, 2024

NFLPA Report Cards Have Become the ‘Talk of the Locker Room’ Across..

NFLPA report cards have become the ‘talk of the locker room.’

Utah Officially Wins 2034 Winter Olympic, Paralympic Games Bid

Salt Lake City last hosted the Winter Olympics in 2002.
July 19, 2024

A’s Stadium Site Demolition Begins, but Many Questions Remain

Questions remain regarding each of the three main components of the ballpark financing.
July 23, 2024

Bulls and Blackhawks Owners’ $7 Billion Plan to Transform Chicago

The project is going to be backed by private investments.

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
July 18, 2024

St. Pete Approves $1.3 Billion Rays Stadium, Ending Relocation Rumors

St. Petersburg’s city council formally approves the MLB club’s $1.3 billion stadium plan.
July 16, 2024

Angels and Anaheim Reach $2.75 Million Stadium Settlement

Two years ago, an FBI investigation derailed a stadium agreement.
July 12, 2024

Oakland Minor League Baseball Team Experimenting With Fan Ownership

The Ballers say more than 1,000 people have registered interest.
July 10, 2024

Salt Lake City Takes Key Step to Handing NBA, NHL Owner Ryan Smith $900 Million

An agreement between Smith and the city was approved Tuesday night.